Myanmar hills embrace silkworms over poppies

TANGYAN, Myanmar (Reuters) – Zhou Xing Ci’s family have farmed poppies for as long as anyone remembers, scraping the flowers’ sticky brown sap to produce opium. Along with many other farmers in the hills of eastern Myanmar, the crop – much of which ends up as heroin sold on foreign streets – has in recent […]

Myanmar Govt Allows Oil and Gas Firms to Name Profit-Sharing Terms

In an apparent bid to make tenders to explore for oil and gas more attractive, Burma’s Ministry of Energy is inviting international companies preparing their bids to suggest their own terms for profit sharing with the government, a ministry official said Tuesday. The ministry is currently accepting bids from companies for exploration licenses on 18 […]